Goldman Boosts Oil Price Forecast by $8 for Brent and $7 for WTI

Brent crude is seen averaging $85 per barrel this year, and West Texas Intermediate could see an average price of $79, Goldman Sachs commodity analysts said in a note released…

Indian LPG Cargoes Pass Through Strait of Hormuz

India-flagged carriers loaded with liquefied petroleum gas (LPG) were passing through the Strait of Hormuz on Monday close to the Iranian coastline, in a sign that Iran is allowing some…

Saudi Arabia Slashes Oil Supply to Asia as War Chokes Export Route

Saudi Arabia is slashing its crude oil exports to Asia in April, for a second month in a row, as the de facto closed Strait of Hormuz is stranding most…

Kuwait Awards $1.6 Billion Contract To Modernize Sabiya Power Station And Strengthen National Power Grid

Representational image. Credit: Canva The Kuwaiti government has awarded a major contract worth around $1.6 billion (KD 495 million) to a consortium led by Mitsubishi Power and the Heavy Engineering…

MAHAGENCO Invites Bids For 300 MW Phase-II Grid-Connected Solar PV Projects In Maharashtra

Representational image. Credit: Canva Maharashtra State Power Generation Company Limited (MSPGCL), widely known as MAHAGENCO, has issued an official invitation for online bids to develop 300 MWAC of Phase-II grid-connected…

QatarEnergy Missile Strikes May Cause $100B Revenue Loss

In a statement posted on its website recently, QatarEnergy said it expects the damage to its Ras Laffan Industrial City caused by missile strikes to cost about $20 billion a…

Top Stories Of The Day: CERC Unveils Storage Tariff Rules; POWERGRID Clears ₹705 Cr Plan and More

CERC has introduced the 2026 tariff amendment to formally bring integrated energy storage systems into India’s regulatory framework for thermal plants and interstate transmission. The move gives developers clearer norms…

Entergy Arkansas Strengthens Statewide Electric Grid With Pole Upgrades And Infrastructure Improvements

Representational image. Credit: Canva Reliable power begins long before a storm hits, and Entergy Arkansas is taking proactive steps to strengthen the state’s electric grid. Through a coordinated statewide effort,…

Global Oil Shock Sparks Urgent Call For Electrification, Low-Carbon Fuels, And Strategic Energy Planning In Australia

IIT Madras, Australian Varsities To Launch ‘Australia-India Centre for Energy’ To Work on SDGs The world is currently experiencing the largest supply disruption in the history of the global oil…